Senior Project Accountant - Construction - Toronto

Job Title: Senior Project Accountant
Location: Toronto, Ontario
Industry: Construction

About the Company

Our client is a leading construction company recognized for delivering high-quality projects across Ontario. With a commitment to excellence, collaboration, and innovation, they are seeking a skilled Senior Project Accountant to play a key role in managing the financial performance of large-scale construction projects.

Position Overview

The Senior Project Accountant will oversee project-level financials, ensuring accurate cost tracking, forecasting, and reporting. This role will act as the primary financial partner to project managers, providing insights to support decision-making, profitability, and operational efficiency. The ideal candidate will have extensive experience in construction accounting and strong knowledge of Jonas Construction Software.

Key Responsibilities

• Manage the financial aspects of multiple construction projects, including cost tracking, forecasting, and budget-to-actual analysis

• Partner with project managers to monitor project profitability, timelines, and risk management

• Prepare and review monthly project financial reports, work-in-progress (WIP) schedules, and variance analyses

• Ensure compliance with contractual terms, change orders, and billing requirements

• Process progress billings, lien waivers, and subcontractor payments in alignment with project agreements

• Review, analyze, and reconcile job cost reports, ensuring accuracy and completeness

• Assist in month-end and year-end close processes, including accruals and reconciliations

• Mentor junior accounting staff and provide guidance on project accounting best practices

• Support process improvements and contribute to system optimization initiatives

Qualifications

• 5+ years of progressive accounting experience within the construction industry

• Strong proficiency with Jonas Construction Software (required)

• Solid understanding of project-based accounting, job costing, and revenue recognition

• Proficiency in Microsoft Excel and other MS Office applications

• Excellent analytical skills with a keen eye for detail

• Strong interpersonal and communication skills, with the ability to work cross-functionally with operations and finance teams

• CPA designation (or in progress) considered an asset